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Gift Cards Market Expected to Reach $1,591,461 Million by 2023

The global gift cards market was valued at $584,171 million in 2016, and is projected to reach $585,311 million in 2016, and is projected to reach $1,591,461 million by 2023, growing at a CAGR of 15.7% from 2017 to 2023. The open loop segment is anticipated to grow at the highest rate during the forecast period.

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Gift Cards Market Expected to Reach $1,591,461 Million by 2023

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  1. GIFT CARDS MARKET GIFT CARDS MARKET Opportunity Analysis and Industry Forecast, 2016-2023 Pages : 120 Publish Date: Sep 2017

  2. GIFT CARDS MARKET “ The gift cards market is in its growth phase, and is expected to grow at a CAGR of 15.7% during the forecast period. Organizations focus on improving their product offering to cater to the rise in market demands, which drive the market growth during the forecast period. Europe was the highest shareholder in terms of revenue, while Asia-Pacific is expected to grow at the highest CAGR during the forecast period. ” Pankaj Lanjudkar Research Analyst, ICT & Media at AMR

  3. GIFT CARDS MARKET OVERVIEW • The Global Gift Cards Market was valued at $584,171 million in 2016, and is projected to reach $585,311 million in 2016, and is projected to reach $1,591,461 million by 2023, growing at a CAGR of 15.7% from 2017 to 2023. The open loop segment is anticipated to grow at the highest rate during the forecast period. • Technological innovation in product offerings, rise in adoption for advanced payment solutions, increase in application areas among end users, growth associated with e-commerce and m-commerce industry, increased spending capacity of consumers, and flexibility associated with ease of use feature drive the market. Read more at : https://www.alliedmarketresearch.com/gift-cards-market

  4. GIFT CARDS MARKET KEY BENEFITS • The closed loop segment accounted for the highest share of the global gift cards industry in 2016, growing at a CAGR of 14.8% from 2017 to 2023. • The retail sector of the gift cards market generated the highest revenue share in 2016, and is projected to grow at a rate of 15.0%. • The Europe gift cards market generated the highest share, valued at $246,983 million, in terms of revenue in 2016. • The gift cards market for corporate institutions segment is expected to witness the highest growth rate during the forecast period.

  5. GIFT CARDS MARKET SEGMENTATION

  6. TOP INVESTMENT POCKETS

  7. TOP IMPACTING FACTORS

  8. KEY PLAYERS IN INDUSTRY KEY PLAYERS IN INDUSTRY • First Data Corporation • Qwikcilver Solutions Pvt. Ltd. • National Gift Card Corp. • Blackhawk Network Holdings, Inc. • Plastek Card Solutions, Inc. • Duracard • DOCUMAX INC. • Vantiv • TenderCard • TransGate Solutions Downloadfree Sample Report: https://www.alliedmarketresearch.com/request-sample/4344

  9. GIFT CARDS MARKET SEGMENTS SEGMENTS • By Functional Attribute • Open Loop • Closed Loop GIFT CARDS MARKET • By Industry Vertical • Retail • Corporate Institutions

  10. GIFT CARDS MARKET BY GEOGRAPHY North America, Europe, Asia-Pacific, LAMEA

  11. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/gift-cards-market Follow Us On

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